WEF 2021| Promoting investment in frontier technologies like AI
We are promoting the investment in frontier technologies like AI, additive manufacturing, and interdisciplinary cyber-physical systems: PM Modi at World Economic Forum’s Davos Agenda.
WEF 2021| During pandemic we saw that Indian companies are capable of tackling supply shock
Several points have been decriminalized in Company Law. To raise competitiveness, connectivity infrastructure is being strengthened. During pandemic we saw that Indian companies are capable of tackling supply shock, they maintained medical supply in India & across the world: PM Modi
WEF 2021| We want to be competitive in the entire digital chain; have a vibrant start-up sector
India has a vibrant startup sector and 2/3rds of our economic output comes from cities. We have a commitment to Ease of living, ease of doing business, and climate-sensitive development. We are working to converge the physical and digital worlds in our cities.Till 2025 India will have 25 cities with Metro services,
India progressing fast on electric mobility as well: PM Modi at WEF 2021
WEF 2021| PM Modi talks about India’s vast internet connectivity; says govt will invest more in tech like AI
1.3 billion Aadhar cards,1.1 billion mobile connections, and 750 million internet subscribers in India. 3,00,000 common service centers in the country are giving digital services in villages. 600,000 villages will be connected by Fibre Net in the next few years. UPI transactions have crossed 2 billion per month. This is mainly because of private apps. We want to invest in frontier technology such as AI. A strong law is also being worked on for data protection: PM Modi at WEF 2021
WEF 2021| To promote equity and innovation in MSMEs we have started many funds
Digital lending platforms can help MSMEs get access to credit. Our effort is that MSMEs should benefit from AI and ML. Through the government e-Marketplace (GeM) 450,000 MSMES have joined in government procurement online: PM Modi at WEF 2021
WEF 2021| Infrastructure of the energy economy is a supporting pillar of growth
Infrastructure is one of the foremost priorities of the Indian Govt In the last 6 years, India has added 36GW to production capacity, roads and real networks are being augmented. USD 1.5 Trillion projects will be implemented in the next 5 years. Logistics policy has also been contemplated. Reforms are an ongoing exercise, to improve competitiveness: PM Modi
WEF 2021| By 2040, India’s infrastructure needs will be around USD 4.5 trillion.
By 2040, India’s infrastructure needs will be around USD 4.5 trillion. This target will be achieved by both the government and the industry.
The govt working tirelessly to provide an enabling environment. Empowered Group of Secretaries has been formed, Sovereign Funds have been allowed 100% tax relief for infra investments. Single point contact has also been established for investment, asset monetization programs are also underway. We need to ensure that technology becomes a tool of ease of living, and does not become a trap: PM Modi
WEF 2021| The many steps that govt has taken to boost manufacturing in India
Govt has continuously taken several majors steps to boost manufacturing in India. Corporate Tax brought down to 15% for new manufacturing units. GST rates have been reduced. Through GST & Faceless Assessment tax structure has been simplified. Labour laws have been reformed: PM Modi at WEF 2021.
WEF 2021| Our Atmanirbhar Bharat Abhiyan is committed towards global good: PM Modi
Our Atmanirbhar Bharat Abhiyan is committed towards global good and global supply chain. India has the capacity, capability and reliability to strengthen the global supply chain: PM Narendra Modi at World Economic Forum’s Davos Agenda
WEF 2021| India is now working to provide unique health IDs to its 1.3 billion citizens for easy access to health care: PM Modi
WEF 2021| National Logistic Policy will be released by the govt
Answering a question on the importance of infrastructure in a growing economy, PM Modi says that the govt will release a national logistic policy.
WEF 2021| PM Interacts With CEOs
Prime Minister Narendra Modi interacts with the CEOs of multi-national companies from across the world.